The New York Times Company which can be found using ticker (NYT) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $57.00 and $40.00 suggesting an average analyst share price target price of $48.71. (at the time of writing). Now with the previous closing price of $50.45 this indicates there is a potential downside of -3.4%. Also worth taking note is the 50 day moving average now sits at $47.90 and the 200 moving average now moves to $45.27. The market capitalization for the company is 8.27B. The stock price for the company is currently $50.31 USD
The potential market cap would be $7,981,379,014 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 33.32, revenue per share of $14.78 and a 7.94% return on assets.
The New York Times Company is a global media organization that includes newspapers, digital and print products, and related businesses. It is focused on creating, collecting, and distributing news and information that helps the audience understand and engage with the world. The Company’s news product, The New York Times (The Times) is available on mobile applications, on its Website (NYTimes.com) and as a printed newspaper, and with associated content such as podcasts. The Company’s interest-specific products include The Athletic, Games, Cooking, and Audm (read-aloud audio service), which are available on mobile applications and Websites; Wirecutter, an online review and recommendation product; and The Athletic. Its other businesses include licensing operations; commercial printing operations; live events business; and other products and services under The Times brand. The Times’s print edition newspaper is published seven days a week in the United States.
